Question: Please use the information provided in the images to answer questions 19 and 20. 19 and 20: QUESTION 16 Chapter 12 - Inventory Use the

 Please use the information provided in the images to answer questions
19 and 20. 19 and 20: QUESTION 16 Chapter 12 - Inventory
Please use the information provided in the images to answer questions 19 and 20.
19 and 20:

QUESTION 16 Chapter 12 - Inventory Use the following information to answer questions 16-20 A retail store dealing in computer hardware imports an enterprise model solid-state deve (SSD) at a fixed price of $1000 per unit from the sole distributer of the SSD and would place orders at the EOQ. On January 1, 2020, the store received an offer of 15% discount on orders of 300 or more units. The estimated sales for the year are expected to be 800 units, the cost incurred per order in $1000 and the average holding cost per unit per annum is estimated to be $120 per unit. The full price is likely to remain $1000 during the year. Please ignore opening and closing inventories, safety stock etc. What was the EDO before the discount offer? 3 marks 25 Units 300 Units 600 units 100 Units QUESTION 17 What is the annual total cost paid by the store prior to the discount? (include the cost of the drive in the calculation) 3 marks 5600,000 $612.000 $12,000 $300,000 QUESTION 18 What is the minimum quantity of drives the retail store has to order to receive the discount? 2 marks 100 units 120 Units 300 units 600 units QUESTION 19 What is the annual total cost paid by the store after the discount? (include the cost of the drive in the calculation) 3 marks $20,000 $530,000 5510,000 $265,000 QUESTION 20 Should the retail store take the discount? Explain why. 3 marks

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